Latest News

ECONOMC INDICATORS

Loans and advances July performance

According to the Reserve Bank of Zimbabwe's monthly report for July, credit to the private sector continued to be driven by loans and advances, which were partly sustained by offshore lines of credit,...

By Staff reporter | Published: 16 September 2013

ECONOMC INDICATORS

Non-food inflation surges

NON-FOOD inflation rose 1,44 percent in the 12 months to August 2013, pushing up annualized inflation for the period by 0,03 percent to 1,28 percent, the August report from the Zimbabwe National Stati...

By Staff reporter | Published: 16 September 2013

BUSINESS NEWS

New body for funeral companies formed

The Zimbabwe Association of Funeral Assurers has a new affiliate organisation, the Funeral Services Association of Zimbabwe, which is a member based voluntary grouping of all funeral services companie...

By Staff reporter | Published: 16 September 2013

BUSINESS NEWS

Zim companies invited to attend Juba investment conference

Zimbabwean companies have been invited to attend the South Sudan Investment Conference to be held in Juba on December 4 and 5 this year.South Sudan acting charge d'affaires in Zimbabwe Mr Watts Nyirig...

By Staff reporter | Published: 16 September 2013

BUSINESS NEWS

Agric Marketing Authority to issue $35m bills to finance soyabean

CBZ Bank Limited has floated Agricultural Marketing Authority Bills in a bid to raise about $35 million to finance soya bean production in the coming cropping season.An official from the bank's Invest...

By Staff reporter | Published: 16 September 2013

INDUSTRIALS & ENERGY

Afdis to install new bottling line

Zimbabwe stock exchange listed wines and spirits producer, African Distillers Limited is planning to install a million dollar bottling line in a bid to modernise its production and improve capacity ut...

By Staff reporter | Published: 16 September 2013

POLITICS

Mugabe to open 8th Parliament tomorrow

The first session of the 8th Parliament of Zimbabwe will be officially opened by President Mugabe tomorrow.The President is expected to outline the legislative agenda for the new Parliament. This foll...

By Staff reporter | Published: 16 September 2013

POLITICS

Japan commits $4, 2 million to Zimbabwe food security

The Japanese government has set aside $4,2 million to boost food security for the poor and under privileged community across the country, the World Food Programme (WFP) said yesterday. In a statement ...

By Staff reporter | Published: 16 September 2013

BUSINESS NEWS

Italian investors expresses confidence in Zimbabwe

Italy's leading fertiliser manufacturer Puccioni Fertilisers is planning to introduce a range of products on the Zimbabwean market as part of wider plans to penetrate the southern African market.Pucci...

By Staff reporter | Published: 16 September 2013

BUSINESS NEWS

ZTA to host another mega tourism event

Zimbabwe Tourism Authority will next month host a Meetings, Incentives, Conferences, and Exhibitions (MICE) forum as preparations for the country's premier tourism and travel exposition, Sanganai/Hlan...

By Staff reporter | Published: 16 September 2013

EUROPE

Four in court over attempt to take control of bank computers

London - Four men have appeared in court over an alleged attempt to take control of computers at a Santander bank branch to steal millions of pounds.They were charged with conspiracy to steal after an...

By BBC | Published: 16 September 2013

BUSINESS NEWS

BAT records 16% decline in domestic sales

Cigarette manufacturer BAT recorded a 16 percent decline in domestic sales volumes resulting in it recording a US$1,4 million loss for the six months ended June 30, 2013. The company's  performa...

By Staff Reporter | Published: 16 September 2013

AFRICA BUSINESS

AfDB provides US $20.1 million to support clean energy in the Comoros

The project is to be implemented in the country's three main islands (Grande Comore, Anjouan and Mohéli)TUNIS, Tunisia - The Comoros Energy Sector Support Project will receive grants totaling US $20....

By APO | Published: 14 September 2013

TELECOMS & TECHNOLOGY

Twitter's 'secret' IPO puts investors in the dark

Twitter's use of a confidential initial public offering filing has reignited a debate about a 2012 U.S. law that critics say denies investors time to digest a company's financial information and erode...

By Tech Reporter | Published: 14 September 2013

ZSE TODAY

ZSE:- Sell off in blue chips persists

ZSE's heavily capitalised counters Delta and Econet entered their second day of bruising losses that dragged the Industrials further down.While there are still bids on the board in the most traded cou...

By Staff reporter | Published: 13 September 2013

LANDS & AGRICULTURE

BAT to focus on a volume recovery plan

BAT Zimbabwe Managing Director Lovemore Manatsa told analysts yesterday that BATZ will continue focusing on a volume recovery plan as to stem volume decline which affected the firm's financial perfor...

By Business reporter | Published: 13 September 2013

JOBS

JOB OPPORTUNITIES IN MINING

A diversified regional mining house has the following immediate vacancies in Zimbabwe which require seasoned mining professionals. Mining professionals must not miss out on this exciting opportunity t...

By Mining | Published: 13 September 2013

JOBS

VACANCY:- Farm Manager

Farm Manager required for growing tobacco farm 10km outside Rusape for immediate start.Requirements:- 5 years + hands-on agricultural experience + qualifications - a strong track record in tobacco gro...

By Farm Manager | Published: 13 September 2013

JOBS

VACANCY:- Laboratory Research Technician

VACANCY:- LABORATORY RESEARCH TECHNICIANThe Zimbabwe Sugar Association Experiment Station [Z.S.A.E.S) seeks to fill a position of laboratory Research Technician in the Agricultural Chemistry and Soils...

By ZSAES | Published: 13 September 2013

JOBS

VACANCY: Hospitality Administrator at Zesa

ZIMBABWE ELECTRICITY TRANSMISSION & DISTRIBUTION COMPANY National Training Centre VACANCYApplications are invited from suitably qualified and experienced persons to fill the following vacancy th...

By Zesa | Published: 13 September 2013

BUSINESS NEWS

Imara CEO named Chairman of Global Alliance Partners

Imara Group chief executive officer Mark Tunmer has been elected chairman of Global Alliance Partners (GAP), the international network of financial service companies dedicated to fostering worldwide i...

By Staff reporter | Published: 13 September 2013

AMERICAS

Twitter plans stock market listing

Twitter says it plans to join the stock market in the most hotly anticipated flotation since Facebook's last year.Referring to the official paperwork needed to join the market the company tweeted: "We...

By BBC | Published: 13 September 2013

ZIMBABWE

'Politics drive big spurt in Zimbabwe equity trading'

Zimbabwean politics are driving a huge spurt in trading volumes on the Harare stock exchange.The recent election victory of incumbent president Robert Mugabe may have led to a sell-off by some, but si...

By Own correspondent | Published: 13 September 2013

EDUCATION

Financial Modeling World Championships 2013

ModelOff is a professional competition for students and professionals to develop and test their financial modeling skills against their friends, colleagues and top modelers from around the world. Part...

By Modelling | Published: 13 September 2013

INDUSTRIALS & ENERGY

BAT continue to dominate the tobacco market

British American Tobacco Zimbabwe Limited (BATZ) released a flat set of results showing a 0.5% increase in revenue to $23.1 million compared to $23 million in the prior period. BATZ continue to domina...

By Staff reporter | Published: 13 September 2013

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